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Optical Coating Industry Expected to Grow

Photonics.comAug 2016
WILMINGTON, Del., Aug. 30, 2016 — The optical coating industry is expected to witness high growth due to increased demand in the automotive, medical and military fields, according to Market Intel Reports.

Europe is expected to witness high growth due to increasing industrial activities and a rise in urbanization. Asia Pacific is the largest region in the optical coating industry and, as such, is expected to see the fastest growth due to the presence of emerging economies such as China and India. Countries like Japan, Taiwan and South Korea are also expected to witness an increase.

The optical coating industry is segmented into types such as anti-reflective coating, high-reflection coating and transparent conductive coating , as well as applications such as medical, military, telecommunication, defense, aerospace, automotive, electronics and more.

Market Intel Reports prepares competitive research analysis of data and business information by industry experts for multiple markets.